The Los Angeles Angels are being sold for a record $4 billion. Here's what every MLB team is now worth
Stan Kroenke has agreed to buy the Los Angeles Angels from the Moreno family in a deal that values the MLB team and its regional sports network, Angels Broadcast Television, at $4 billion.
The record MLB valuation for the Angels is equivalent to 10 times the team's 2025 revenue, according to CNBC's MLB valuations published earlier this year.
In comparison, the $3.9 billion sale of the San Diego Padres to José Feliciano and Kwanza Jones, approved by the MLB last month, had a multiple of eight times revenue. CNBC has updated its MLB valuations based on the Angels deal, focusing on valuation-to-revenue multiples, market and stadium economics. The average MLB team is now worth $4.04 billion, 37% more than our MLB valuations in March.
The New York Yankees top the list with a value of $12 billion, 28% more than in March. The least valuable MLB team is still the Miami Marlins, but we now value the team at $2.2 billion, a 57% increase from March. The New York Mets, now worth $5.4 billion, jumped to fifth on our list, leapfrogging the San Francisco Giants and Philadelphia Phillies.
Bankers CNBC spoke with regarding the Angels deal stressed that location is a big factor in the trophy appeal of owning a sports team. To wit: The recent announcement that Josh Kushner and Bob Iger have agreed to buy the NBA's Los Angeles Lakers at a $12.5 billion valuation.
We did not adjust the value of the Los Angeles Dodgers from our March rankings, keeping it at $8 billion, due to the controversy surrounding the team's owner, Mark Walter.
CNBC’s Real-Time MLB Valuations Rank Team Real-time value Change in value since 3/13/2026 Value on 3/13/2026 Revenue EBITDA Debt as % of Value Owner(s) 1 New York Yankees $12B 28% $9B $755M $5M 1% Steinbrenner family 2 Los Angeles Dodgers $8B 0% $8B $950M $92M 8% Guggenheim Baseball Management 3 Chicago Cubs $7B 33% $5.25B $552M $74M 8% Ricketts family 4 Boston Red Sox $6.9B 38% $5B $537M $66M 5% John Henry, Thomas Werner 5 New York Mets $5.4B 52% $3.55B $520M $-280M 8% Steve and Alexandra Cohen 6 San Francisco Giants $5.35B 41% $3.8B $491M $38M 4% Greg Johnson 7 Philadelphia Phillies $5.3B 47% $3.6B $523M $-51M 4% Middleton family, Buck family 8 Houston Astros $4.7B 42% $3.3B $486M $33M 2% Jim Crane 9 Atlanta Braves $4.65B 43% $3.25B $508M $32M 8% Atlanta Braves Holdings 10 San Diego Padres $4.1B 32% $3.1B $484M $20M 11% Seidler family 11 Texas Rangers $4.05B 47% $2.75B $441M $-13M 25% Ray Davis 12 Los Angeles Angels $4B 48% $2.7B $401M $-11M 0% Arturo and Carole Moreno 13 Toronto Blue Jays $3.65B 43% $2.55B $447M $-39M 0% Rogers Communications 14 St.
Louis Cardinals $3.45B 33% $2.6B $376M $25M 7% William DeWitt Jr.
15 Seattle Mariners $3.3B 40% $2.35B $411M $42M 11% John Stanton, Chris Larson 16 Washington Nationals $3.05B 49% $2.05B $314M $-17M 27% Lerner family 17 Athletics $3B 20% $2.5B $324M $2M 8% John Fisher 18 Baltimore Orioles $2.95B 48% $2B $328M $-21M 11% David Rubenstein 19 Chicago White Sox $2.9B 35% $2.15B $224M $-54M 9% Jerry Reinsdorf, Justin and Mat Ishbia 20 Arizona Diamondbacks $2.85B 44% $1.98B $360M $-11M 6% Ken Kendrick 21 Detroit Tigers $2.8B 45% $1.93B $356M $20M 8% Ilitch family 22 Milwaukee Brewers $2.7B 42% $1.9B $350M $32M 13% Mark Attanasio 23 Colorado Rockies $2.65B 51% $1.75B $325M $20M 7% Charles and Richard Monfort 24 Tampa Bay Rays $2.5B 47% $1.7B $287M $27M 7% Patrick Zalupski 25 Cleveland Guardians $2.45B 45% $1.69B $339M $37M 6% Paul Dolan, David Blitzer 26 Cincinnati Reds $2.4B 43% $1.68B $351M $45M 9% Robert Castellini 27 Minnesota Twins $2.35B 42% $1.65B $352M $20M 12% Pohlad family 28 Pittsburgh Pirates $2.3B 40% $1.64B $334M $30M 9% Nutting family 29 Kansas City Royals $2.25B 38% $1.63B $332M $5M 17% John Sherman 30 Miami Marlins $2.2B 57% $1.4B $304M $35M 29% Bruce Sherman Get the CNBC Sport newsletter directly to your inbox The CNBC Sport newsletter with Alex Sherman brings you the biggest news and exclusive interviews from the worlds of sports business and media, delivered weekly to your inbox.
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